Home / Business / SC’s largest bank cuts loose a key growth engine for $1.9B

SC’s largest bank cuts loose a key growth engine for $1.9B

Greenville-based United Community Bank is offloading a fast-growing equipment-financing business it bought for $130 million eight years ago for $1.9 billion.

South Carolina’s largest bank traces its recent growth spurt in part to a relatively obscure 2018 acquisition.
Now it’s set to cut loose the business — and add a heaping pile of dry powder to its arsenal.
United Community Bank is offloading its secon… [3950 chars]

Source: Charleston Post and Courier | Published: 2026-06-21T09:00:00Z

Credit: Charleston Post and Courier

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